Last Updated: April 2025 – Chicago, IL
Frederick Kort Investigation Summary
Here’s what you need to know about Chicago, IL, former stockbroker Frederick M. Kort:
- Name: Mr. Frederick Maximilian Kort
- Current Status: Not currently registered with any FINRA-member firm
- CRD Number: 5376727
- Aliases: F. Maximilian Kort, Frederick M. Kort
- Function: Stockbroker / Financial Advisor
- Primary Location: Chicago, IL
- Prior Employers: UBS Financial Services Inc.
- Recent Roles: Investment Adviser Representative with Cura Wealth Advisors, Arete Wealth Advisors, and IHT Wealth Management
- Professional Designation: Certified Financial Planner (CFP®)
- Can Frederick Kort be sued in FINRA arbitration? Yes
- Sanctioned by FINRA or other regulators? No
- Highest Settlement or Award: $370,891
- Pending Customer Dispute Seeks Damages of: $1,000,000
If you’ve sustained damages from Mr. Kort, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Frederick Kort As Your Stockbroker?
Mr. Frederick Kort has been involved in multiple customer disputes and a significant arbitration award stemming from alleged misconduct tied to options overlay strategies, particularly UBS’s proprietary YES (Yield Enhancement Strategy) product.
Summary of Key Cases:
- Pending Arbitration (FINRA Case No. 24-00903):
Filed April 25, 2024, the claimant is seeking $1,000,000 in damages based on allegations of unsuitability and misrepresentation related to options overlay strategies used between 2017 and 2024. - Settled Complaint (FINRA Case No. 23-00897):
Filed in 2023 for alleged unsuitability in private equity investments that limited the client’s liquidity. The case was settled on August 29, 2023, for $7,500. - Arbitration Award (FINRA Case No. 19-02702):
Filed in 2019, the complaint alleged negligence, breach of fiduciary duty, breach of contract, negligent supervision, and violations of the Ohio Securities Act involving options strategies at UBS. On March 31, 2021, the panel awarded $342,127 in compensatory damages, plus additional fees totaling $28,764.
Allegations of Broker Misconduct Against Frederick Kort
Clients of Frederick Kort have alleged the following misconduct across multiple customer disputes:
- Unsuitable Recommendations (FINRA Rule 2111):
- Misrepresentation and Omission (SEC Rule 10b-5):
- Breach of Fiduciary Duty:
- Inadequate Supervision (FINRA Rule 3110):
Recover Your Investment Losses Now With Rex Securities Law
Investigations of other Arete Wealth Management Brokers
Our Investigations of other UBS Financial brokers
If you have suffered investment losses in an account handled by Frederick M. Kort, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.